Closely Held Securities

Non-publicly traded securities shall be accepted only after consideration of the costs associated with such a gift and after approval by the Gift Acceptance Committee. There should be no restrictions on the security that would prevent the RMU from ultimately converting those assets to cash; the security should be marketable, and the security should not generate any undesirable tax consequences, nor cash calls, nor create a net liability for the university.

For more information on the RMU Heritage Society or to set up your planned giving plan, please contact Kimberley A. Hammer, Esq., vice president for development, institutional advancement, at 412-397-6413 or hammerk@rmu.edu.